Sarah Ketterer - Causeway Capital Management
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    107
Portfolio value:    $8,146,199,181
Holdings Activity Buys Sells    History
Holding/activity history for  Novartis AG (NVS)
Period Shares % of Portfolio Activity % Change to Portfolio Reported Price Value Filing
2026   Q1 1,487 <0.01 Reduce 23.15% <0.01 $152.77 $227,167 SEC
2025   Q4 1,935 <0.01 Reduce 5.79% <0.01 $137.87 $266,788 SEC
2025   Q3 2,054 <0.01 Reduce 1.44% <0.01 $128.24 $263,395 SEC
2025   Q2 2,084 <0.01 Reduce 50.80% <0.01 $121.02 $252,196 SEC
2025   Q1 4,236 0.01 Reduce 27.79% <0.01 $111.48 $472,236 SEC
2024   Q4 5,866 0.01 Reduce 20.54% <0.01 $97.31 $570,837 SEC
2024   Q3 7,382 0.02 Reduce 96.35% 0.57 $115.02 $849,075 SEC
2024   Q2 202,335 0.59 Reduce 15.51% 0.09 $106.46 $21,540,558 SEC
2024   Q1 239,468 0.61 Add 14.53% 0.08 $96.73 $23,163,768 SEC
2023   Q4 209,089 0.54 Add 11.80% 0.06 $100.97 $21,111,748 SEC
2023   Q3 187,019 0.50 Reduce 17.08% 0.10 $101.86 $19,049,777 SEC
2023   Q2 225,548 0.60 Reduce 8.20% 0.04 $100.91 $22,760,016 SEC
2023   Q1 245,707 0.54 Add 10.27% 0.05 $92.00 $22,605,078 SEC
2022   Q4 222,832 0.59 Reduce 17.72% 0.10 $90.72 $20,215,338 SEC
2022   Q3 270,830 0.58 Reduce 13.29% 0.09 $76.01 $20,586,000 SEC
2022   Q2 312,341 0.66 Reduce 20.27% 0.17 $84.53 $26,402,000 SEC
2022   Q1 391,762 0.82 Add 2.56% 0.02 $87.75 $34,377,000 SEC
2021   Q4 381,967 0.73 Reduce 4.77% 0.04 $87.47 $33,411,000 SEC
2021   Q3 401,116 0.74 Reduce 6.06% 0.05 $81.78 $32,803,000 SEC
2021   Q2 426,982 0.80 Add 7.46% 0.06 $91.24 $38,958,000 SEC
2021   Q1 397,358 0.67 Add 30.03% 0.15 $85.48 $33,966,000 SEC
2020   Q4 305,578 0.55 Reduce 3.00% 0.02 $94.43 $28,856,000 SEC
2020   Q3 315,018 0.52 Reduce 3.42% 0.02 $86.96 $27,394,000 SEC
2020   Q2 326,186 0.52 Reduce 0.17% <0.01 $87.34 $28,489,000 SEC
2020   Q1 326,734 0.44 Add 11.17% 0.04 $82.45 $26,939,000 SEC
2019   Q4 293,899 0.30 Add 13.98% 0.04 $94.69 $27,829,000 SEC
2019   Q3 257,850 0.27 Reduce 7.03% 0.02 $86.90 $22,407,000 SEC
2019   Q2 277,339 0.28 Reduce 1.91% <0.01 $91.31 $25,324,000 SEC
2019   Q1 282,730 0.28 Reduce 3.44% 0.01 $96.14 $27,182,000 SEC
2018   Q4 292,788 0.31 Reduce 34.96% 0.15 $85.81 $25,124,000 SEC
2018   Q3 450,132 0.42 Reduce 2.56% 0.01 $86.16 $38,783,000 SEC
2018   Q2 461,962 0.39 Add 12.38% 0.04 $75.54 $34,897,000 SEC
2018   Q1 411,077 0.40 Add 21.71% 0.07 $80.85 $33,236,000 SEC
2017   Q4 337,742 0.34 Add 8.77% 0.03 $83.96 $28,357,000 SEC
2017   Q3 310,514 0.34 Reduce 15.85% 0.07 $85.85 $26,658,000 SEC
2017   Q2 369,006 0.43 Add 9.13% 0.04 $83.47 $30,801,000 SEC
2017   Q1 338,149 0.38 Add 6.33% 0.02 $74.27 $25,114,000 SEC
2016   Q4 318,018 0.40 Reduce 1.01% <0.01 $70.94 $22,560,000 SEC
2016   Q3 321,258 0.47 Add 0.60% <0.01 $78.96 $25,367,000 SEC
2016   Q2 319,351 0.57 Add 0.94% <0.01 $82.51 $26,350,000 SEC
2016   Q1 316,362 0.56 Add 12.30% 0.06 $75.97 $24,034,000 SEC
2015   Q4 281,710 0.51 Add 7.25% 0.03 $86.04 $24,238,000 SEC
2015   Q3 262,666 0.49 Add 10.96% 0.05 $91.92 $24,144,000 SEC
2015   Q2 236,714 0.59 Add 6.32% 0.04 $98.34 $23,278,000 SEC
2015   Q1 222,652 0.58 Reduce 33.79% 0.31 $98.61 $21,956,000 SEC
2014   Q4 336,278 0.91 Add 0.63% <0.01 $92.66 $31,160,000 SEC
2014   Q3 334,171 1.10 Add 4.15% 0.04 $94.13 $31,456,000 SEC
2014   Q2 320,852 1.15 Reduce 1.98% 0.03 $86.94 $27,895,000 SEC
2014   Q1 327,343 1.27 Add 16.19% 0.18 $85.02 $27,831,000 SEC
2013   Q4 281,741 1.30 Add 292.43% 0.97 $80.38 $22,646,000 SEC
2013   Q3 71,794 0.45 Add 21.87% 0.08 $76.71 $5,507,000 SEC
2013   Q2 58,909 0.45 Add 21.50% 0.08 $70.70 $4,165,000 SEC
2013   Q1 48,484 0.49 Add 4.60% 0.02 $71.24 $3,454,000 SEC
2012   Q4 46,351 0.57 Add 69.49% 0.23 $63.30 $2,934,000 SEC
2012   Q3 27,348 0.43 Reduce 13.45% 0.08 $61.25 $1,675,000 SEC
2012   Q2 31,599 0.60 Reduce 3.19% 0.01 $55.35 $1,749,000 SEC
2012   Q1 32,639 0.40 Reduce 18.22% 0.17 $55.42 $1,809,000 SEC
2011   Q4 39,909 0.92 Buy 0.92 $57.18 $2,282,000 SEC
2009   Q3 0 0.00 Sell 100.00% 1.12 SEC
2009   Q1 17,400 1.12 Buy 1.12 $37.82 $658,000 SEC
2008   Q4 0 0.00 Sell 100.00% 2.77 SEC
2008   Q3 58,610 2.77 Buy 2.77 $52.84 $3,097,000 SEC